Dear Readers, SBI Clerk 2016 Examination is yet to be conducted with new question pattern, Financial Awareness topic was newly added in that pattern, and lot of our readers has requested to provide materials on Financial Awareness and we have planned to provide materials for it, make use of it.

1).
On 1st March 2016 the 30th edition of annual ranking of World’s
Billionaires- 2016 was released the by Forbes magazine. Who topped the list?

a)Warren Buffett

b)Bill Gates

c)Mark Zuckerberg

d)Amancio Ortega

e)None of the above

Answer: b)

2).
Recently the Union Cabinet has given its approval to the how many million
dollars project of World Bank Support to Swachh Bharat Mission (Gramin)
[(SBM(G)]?

a)1,500 Million Dollars

b)1,000 Million Dollars

c)1,900 Million Dollars

d)1,200 Million Dollars

e)1,350 Million Dollars

Answer: a)

3).
Which of the following Bank has launched India’s first contactless mobile
payment solution?

a)PNB

b)SBI

c)IDBI

d)ICICI

e)Yes Bank

Answer: d)

4).
Higher Education Financing Agency (HEFA) will be set up with an initial base
capital of?

a)Rs.600cr

b)Rs.1000cr

c)Rs.750cr

d)Rs.820cr

e)Rs.1250cr

Answer: b)

5).
For the capital cities of which of the following two states Asian Development
Bank (ADB) has signed $80-million loan agreement with the Centre to help
continue improving infrastructure?

a)Nagaland and Manipur

b)Manipur and Mizoram

c)Mizoram and Tripura

d)Tripura and Manipur

e)Meghalaya and Mizoram

Answer: c)

6).
According to an ILO study, what was unemployment rate of India during
2014-2015?

a)1.5 per cent

b)2.5 per cent

c)3.5 per cent

d)4.5 per cent

e)5.5 per cent

Answer: c)

7).
According to an annual report of the UNCTAD, Global FDI flows during 2015 has
increased by-

a)26 per cent

b)36 per cent

c)22 per cent

d)32 per cent

e)28 per cent

Answer: b)

8).
How much expenditure has been approved by theCabinet for Solar projects?

a)Rs. 3,050 crore

b)Rs. 3,030 crore

c)Rs. 4,050 crore

d)Rs. 5,050 crore

e)Rs. 4,090 crore

Answer: d)

9).
The Reserve Bank of India (RBI) has increased shareholding in NHB, by
contributing Rs.1,000crores. The present share-holding of RBI in NHB is

a)Rs.2450cr

b)Rs.2550

c)Rs.2350

d)Rs.2250

e)Rs.2650

Answer: a)

10).
India ranks first in milk production. India accounts for ________ of world
production.

World Bank:
President : Jim Yong Kim
Headquarters: Washington, D.C., United States
World Bank Group:
World Bank Group has five international organizations:
♦ International Bank for Reconstruction and Development (IBRD)
♦ International Development Association (IDA)
♦ International Finance Corporation (IFC)
♦ Multilateral Investment Guarantee Agency (MIGA)
♦ International Centre for Settlement of Investment Disputes (ICSID)